Datuk said wait...not time yet....so now teasing only...that's why only purchase 50K every now and then. Once Datuk grabs millions and that's the time.
The most simple indicator is NTA of the Company where TA is currently recording at RM1.76 but the share price is still hovering <RM1.00. But pls bare in mind that NTA as a sole indicator cannot justify the stocks fair value, we need to see the potential of the industry that the Company is venture into and many other factor that affecting the Company’s current and future operations. For TA, they have a good clientele base as a stock broking firm and their performance on both property development plus hotel operations is getting better each quarter. For me, TA is a good buy for at least mid to long term period. ~Happy trading~
Come on..ta is already not interesting in doing stockbroking business, the aCtive one should be knmholding,not TA. TA now only focus hotel property business, its stockbroking business is waiting for sell...
Yes. Their main focus now is on hotel property business but will you offload your wings at price that are not favourable? In the end of the day, if they sell the business that still bring in one off profits to TA Ent, moreover, TA securities not a big shot as compare to others but they do have some loyal retailers with them. That should justify some of the goodwill... Yay or Nay, in TA we trust. AND if TA3 and TA4 towers is a boom, given the location of these projects, TA is in a good position to unlock the value of the landbanks that it has.... ~Happy trading~
Bullrun88........why TA sleeping....low volume ? Anyone got any friend working with TA ? got any latest news? Are they selling thier stock broking business ? any negotiation ?
once major shareholder owns more than 33%, he/she is required to make offer to buy the rest of shares that he/she doesn't own, but I think its called VGO, voluntary general offer, at this level though. Anyway, given Tiah rate of purchase, it would be donkey years before it can materialize. You might as well forget about its 'potential'.
Approximately 37.15 Mil shares still required to reach 33%. However, if there are other holders "person acting in concert" that make up 33% or more, they can proceed with MGO. Assuming Tiah buys 100K every week, that will take 372 weeks (More than 7 years) .......
TA as a stand alone is losing ground to the bank back securities firm. trading has changed over the years. more and more people are switching to internet trading ( lower commission )
tony will want to exit TA and concentrate on his property (but at his own price) TA used to command a big chunk of the retail market but sadly alot of the big timers has switch to other firms.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cvistakhoo
8 posts
Posted by cvistakhoo > 2014-09-26 14:45 | Report Abuse
If you have 825 million to buy controlling interest, definitely it is a good buy. You will have control over two company worth 3.5 billion.